What a market
What a market we are in right now. Earlier this week, we experienced one of the worst sell off in years. And then yesterday, we saw one of the best green days since 2022.
Nobody can be certain what’s the next direction of the market, especially with CPI coming up next week.
But one thing we all can be sure is that volatility is back!
Nobody can be certain what’s the next direction of the market, especially with CPI coming up next week.
But one thing we all can be sure is that volatility is back!
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Avengers 2023 : Bitcoin dropping. Will crash again today.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103185625 Avengers 2023 : However, the Federal Reserve stopped downsizing, and NASDAQ futures rose a few hundred points
Avengers 2023 103185625 : That was yesterday
Forever Learning : last month july cpi drop 0.1% from the forecast, when most people think it is a good sign that inflation is under control , where fed will cut rate , but end up nvidia plummeted 5.57% and continue to dip more than 10+% for the coming 3 days.
now i really dont know how to read the CPI data, should it goes up or down better for Nvidia?
Laine Ford : love all the I seen I will buy
Avengers 2023 Forever Learning : I think will con't to be bearish for awhile
103185625 Avengers 2023 : I'm holding cash right now, and for me, I'm pretty much looking forward to buying NVIDIA again in 90-100
Capital Gains : market thinks it over reacted.. What to the next sell off accures when they realize they under reacted to begin with... From research ive done i see this thing going lower but im no tom lee but we will see. Ive been right so far i called this callapse before it even happen and sold out 2 weeks ago. Buffett got a good track record and hes being cautious but soon we will know if he is buying again I know im not
102739135 Forever Learning : Higher CPI is good for nvidia caz it won’t benefit much from rate cut
Smiiu : Of course. Most retailers can't anticipate the market with whatever analysis they read cause behind the scene is a controlled and well orchestrated play managed by the whales. Textbook of yesterday years might not be applicable today too
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